The new GMAC Insurance products include mileage-based insurance and Onstar-subscriber insurance premium discounts. GMAC Insurance and OnStar will pilot a new mileage-based consumer insurance concept from February. Eligible customers must have an active OnStar subscription. With the customer's permission, OnStar will verify mileage on the vehicle twice during the policy period. Because of the ability to cost effectively gather actual mileage readings, discounts can range up to 40%; the lower the vehicle mileage, the more significant the discount.
GMAC Insurance will also begin rolling out a special subscriber discount for OnStar customers in several US states, with plans for national expansion. The discount is the result of research that recognised the safe driving habits of OnStar subscribers. This is in addition to the enhanced safety discount given when vehicles are equipped with the OnStar system and together, premiums are adjusted accordingly with discounts up to 20%.